Daily Thoughts: It's Friday so time to rebalance portfolio around Deribit options close

My 360 Ethereum covered call hit but just barely. This leaves me at 92% invested still, which on the up side is an easy portfolio to manage.

The 8% freed up was used to sell covered puts, got to generate that income.

As for my smaller Bitcoin portfolio I am only 80% invested, none of my sold calls or puts hit, so just had to roll everything over.

With IV so high selling vol has been very profitable this week, but the underlying assets, ethereum and bitcoin, had bit loses. That's the risks of been always long option seller.

Here is a video where you can learn low about selling options on Deribit, and below you can find an affiliate link that will save you 10% in fees and earn me a reward.

If you like these Daily Thoughts remember to give me a follow

You can also find me here

Twitter accounts Gaming https://twitter.com/5boringgamesLP Maths https://twitter.com/2ndMaths Trading https://twitter.com/cryptotwi

Affiliate links

Brave browser, just like chrome except you get paid for the ads you see https://brave.com/hqo109

Here are some trading sites I use, sign up and play around with them before you deposit money. Message me any questions and I'll be happy to help

Disclaimer

Please do not invest on the advice of a stranger on the internet, only use this advice here as a starting point for your own research, and then if you choose to invest please only invest an amount that you can afford to lose.

Posted Using LeoFinance